![cesarcastellan9](/avatars/25250.jpg)
cesarcastellan9
23.04.2020 •
Business
Millar Company produces a single product which it sells for $89 a unit. If the fixed costs of manufacturing and selling the product are $68,400 a month and the variable costs are $57 a unit, which of the below is correct? Select one: a. An increase in sales volume above $68,400 a month will cause an increase in fixed costs. b. The contribution margin per unit of product is $32. c. The fixed costs amount to $32 per unit at any level of output within a relevant volume range. d. The company will break even with a sales volume of $68,400 a month.
Solved
Show answers
More tips
- H Health and Medicine How to Properly Take a Blood Sugar Test?...
- H Health and Medicine Simple and Effective: How to Get Rid of Cracked Heels...
- L Leisure and Entertainment What to Bring on a Hike? Essential Items to Pack for a Safe and Enjoyable Adventure...
- L Leisure and Entertainment Couchsurfing: A New Way to Travel...
- S Style and Beauty Autotanning: Harmful or Safe?...
- F Food and Cooking 10 Ideas for a Wedding Anniversary Gift...
- H Health and Medicine How to Reduce Sweating in the Heat and Beyond: Say Goodbye to Excessive Sweat...
- F Food and Cooking Do Aphrodisiacs Really Work? Separating Fact from Fiction...
- H Health and Medicine What to Eat to Lose Weight?...
- A Animals and plants How to Teach Your Parrot to Talk?...
Answers on questions: Business
- B Business The Bank of McLean agrees to lend the Diesel Stone Company $300,000 on January 1. Diesel signs a $300,000, 5%, 10-month note. The accountant of the Fiesel Stone Company records...
- B Business Wade thinks it would be really cool to become a radiologist. which two skills are important for him to have in order to excel in this career? leadership skills to oversee the...
- B Business What forecasting technique is used for analysis?...
- C Chemistry You place ice cubes into a glass of lemonade what happens to make the lemonade to get cold...
- H Health Fats are considered one of the six essential nutrients needed by your body. true or false...
- M Mathematics How do you draw a picture of three sevens of a whole -in-one road...
- S Social Studies Most european nations have a dominant culture no dominant culture several dominant cultures no culture at all...
- M Mathematics For the function f(x) = -2(x + 3)^2 -1, identify the vertex, domain, and range. a.) the vertex is (3, -1), the domain is all real numbers, and the range is y ≥ -1. b.) the vertex...
- C Chemistry Which particle has a mass that is approximately equal to the mass of a proton? (1) an alpha particle (2) a beta particle (3) a neutron (4) a positron...
- M Mathematics An insurance company has 75 employees if 60 have phones what portions does not have phones...
Ответ:
b. The contribution margin per unit of product is $32.
Explanation:
Millar Company
Sale Price = $89 per unit
Fixed Cost = $68,400 per month
Variable Cost = $57 per unit
a. Fixed Costs are the cost that do not increase or decrease with the change in the amount of goods and services. For instance, Rent of the premises or salaries of employees.
b. Contribution Margin Per Unit = Sale Price per unit - Variable Cost per unit
Contribution Margin Per Unit = $89 per unit - $57 per unit
Contribution Margin Per Unit = $32
c. Fixed Cost will remain same and will not vary accordingly.
d. At break even Fixed Cost is equal to variable cost and not sales volume.
Ответ:
M2 is a calculation of money supply that includes all elements of M1 (cash, checking deposits, etc) plus "near money" which includes mutual funds, savings deposits, money market securities, etc.
Banks get money to lend through other people's deposits (minus the required reserve ration) and from interest income from other loans they make.